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The Latest Breaking News from Europe

Plymouth's Plessey makes £7.8m profit due to global hunger for micro LEDs

Manufacturer sees impressive sales worldwide with nearly all revenue earned from outside UK and Europe

Birmingham Post

EBRD: War to Hammer Russia, Ukraine Economies this Year

The economies of Russia and Ukraine will contract by 10 percent and 20 percent respectively this year as the war between the two countries causes "the greatest supply shock" for 50 years, the European development bank, EBRD, said on Thursday. Before Russia invaded its pro-Western neighbor on February 24, the…

Asharq Al-Awsat

JPMorgan Upgrades Masco To Neutral - Read Why

Masco Corp (NYSE:MAS) has been upgraded to Neutral from Underweight by JPMorgan analyst Michael Rehaut, with a price target of $62. Rehaut noted MAS's below-average exposure to U.S. new residential construction should allow for a lower cyclicality and vulnerability to a housing slowdown. However, the analyst warned about the company's Europe exposure, impacted by the…

Benzinga

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read the most diverse news in one place.

FDA Rejects Akebia Therapeutics' Vadadustat For CKD-Associated Anemia

The FDA has issued a complete response letter (CRL) to Akebia Therapeutics Inc's (NASDAQ:AKBA) marketing application (NDA) for vadadustat for anemia due to chronic kidney disease (CKD). Vadadustat is an investigational oral hypoxia-inducible factor prolyl hydroxylase (HIF-PH) inhibitor. The FDA issues a CRL to indicate that the review cycle for an application is complete…

Benzinga

Majority of Americans back sending more troops to NATO in Ukraine crisis: Reuters/Ipsos poll

A bipartisan 55% of Americans support sending more U.S. troops to Washington's NATO allies in central and eastern Europe in response to Russia's five-week old invasion of Ukraine, according to a Reuters/Ipsos poll completed on Tuesday.

Reuters

All Russia’s Big Exports Could Soon Be in Roubles, Kremlin Signals

The Kremlin indicated on Wednesday that all of Russia's energy and commodity exports could be priced in roubles, toughening President Vladimir Putin's attempt to make the West feel the pain of the sanctions it imposed for the invasion of Ukraine. With Russia's economy facing its gravest crisis since the 1991…

Asharq Al-Awsat

What’s at Stake in France’s Presidential Election

The French will head to the polls in April for a presidential election that will determine who will run the European Union's second-largest economy, and its only member with a permanent UN security council seat, as war rages on the bloc's doorstep. Who will win? The incumbent, President Emmanuel Macron,…

Asharq Al-Awsat

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Indian journalist prevented from flying to Europe to speak about intimidation

Rana Ayyub, a columnist for the Washington Post, was not allowed to board a flight at Mumbai airport on Tuesday

The Guardian - UK

Cyberattack in Ukraine war affected thousands across Europe

A cyberattack targeting a satellite network used by Ukraine’s government and military agencies shortly after Russia’s invasion also knocked offline tens of thousands of broadband internet users across Europe, the satellite owner disclosed Wednesday

The Independent UK

ECA helps clubs flex their muscles and increase their influence

The European Club Association has worked with Uefa on a set of competition reforms that would mean more matches, more security and – everyone hopes – more money

The Guardian - UK

Iraqi Kurdish Businessman Says Not Involved in Gas Export Talks, Region’s Capacity Low

A Kurdish businessman whose home was hit by Iranian ballistic missiles this month has said he is not involved in and has no knowledge of plans to export natural gas from Iraq's autonomous Kurdistan region to Europe. Baz Karim Barzanji, the CEO of a major domestic energy company called KAR…

Asharq Al-Awsat

Iraqi Kurdish businessman says not involved in gas export talks, region's capacity low

Reuters

Germany girds for gas rationing, Europe on edge in Russian standoff

Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe's largest economy ration power if a standoff over a Russian demand to pay for fuel with roubles disrupts or halts supplies.

Reuters

Russian hackers targeted NATO, eastern European militaries - Google

Russian hackers have recently attempted to penetrate the networks of NATO and the militaries of some eastern European countries, Google's Threat Analysis Group said in a report published on Wednesday.

Reuters

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Reuters

U.S. opted to vacate warships from Black Sea before Ukraine war, general says

U.S. President Joe Biden's administration made a policy decision to keep U.S. warships out of the Black Sea prior to Russia's invasion of Ukraine, the top U.S. military commander in Europe, Air Force General Tod Wolters, told Congress on Wednesday.

Benzinga

Russian Hackers Continue To Target Viasat In Ukraine, Europe; Hackers Also Targetting US Energy, Critical Infra

Hackers are crippling tens of thousands of satellite modems in Ukraine and across Europe continue to target Viasat Inc (NASDAQ: VSAT) as it struggled to bring back users online, Reuters reports. U.S. analysts held Russia's military intelligence agency responsible for the attack. A cyberattack remotely disabled Viasat's satellite modems just as Russian forces pushed…

Benzinga

Health Canada Approves NanoVibronix's PainGuard, UroGuard As Licensed Devices

NanoVibronix Inc's (NASDAQ:NAOV) PainGuard and UroGuard have been approved by Health Canada / Santé Canada as licensed medical devices. The products are offered as private label products through Ideal Medical International Limited. "This license clears the way for our distribution partner, Ideal Medical, to accelerate the distribution of our products in Canada,…

Reuters

Time to look at NATO's permanent basing in eastern Europe-US general

Russia's invasion of Ukraine should prompt a re-examination of NATO's permanent presence in eastern Europe, the U.S. general that serves as NATO's Supreme Allied Commander Europe told Congress on Wednesday.

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Reuters

EU court rejects RT France's call for sanctions reprieve

The European Union's Court of Justice on Wednesday rejected a request by the French-language unit of Russian state-controlled news network RT for a temporary reprieve from a broadcasting suspension in response to Russia's invasion of Ukraine.

Daily Mirror

Russia consider permanently leaving European football after UEFA ban

Russia were removed from the World Cup playoff qualification process while Spartak Moscow were kicked out of this season's Europa League after FIFA and UEFA sanctions

The Independent UK

European Central Bank chief: No data suggests stagflation

The European Central Bank's president says no data currently suggests that Europe will fall into stagflation, which is a combination of high inflation, little or no economic growth and high unemployment

The Guardian - UK

More than 4 million have fled Russia’s ‘senseless’ war on Ukraine, says UN

Speed and scale of refugee crisis unprecedented in Europe since WW2, says UN refugees commissioner

Reuters

Explainer-What's at stake in France's presidential election

Birmingham Post

With UK energy prices rising, green energy provider Octopus signs up to European wind power

Octopus Energy Group signs four deals to ramp up wind power generation across Europe to help deliver Net Zero

InsideEVs

Shell Enters Into Strategic EV Charging Cooperation With BYD

Shell and BYD announced a strategic cooperation agreement related to plug-in electric vehicles in China and Europe.

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